Brown Brian Nicholas 4
4 · Rocket Companies, Inc. · Filed Aug 7, 2020
Insider Transaction Report
Form 4
Brown Brian Nicholas
Chief Fin. Officer & Treasurer
Transactions
- Award
Class A common stock
2020-08-05+75,000→ 75,000 total - Award
Employee Stock Options (right to buy)
2020-08-05+92,402→ 92,402 totalExercise: $18.00Exp: 2030-08-05→ Class A common stock (92,402 underlying)
Footnotes (2)
- [F1]Represents restricted stock units ("RSUs") granted under the Rocket Companies, Inc. 2020 Omnibus Incentive Plan (the "Plan") in a transaction exempt under Rule 16b-3. Each RSU represents the contingent right to receive one share of Class A common stock of the Issuer for each vested RSU. The RSUs vest in three equal installments of 33.33% on each of August 5, 2021, August 5, 2022 and August 5, 2023, subject to the reporting person's continued employment on the applicable vesting date.
- [F2]Represents employee stock options (right to buy) granted under the Plan in a transaction exempt under Rule 16b-3. Each employee stock option represents the right to buy one share of Class A common stock of the Issuer for each vested employee stock option. The employee stock options vest as to 33.33% on August 5, 2021 and monthly thereafter over the next 24 months, subject to the reporting person's continued employment on the applicable vesting date.